John Thune: “Low prices are wrecking the agricultural economy in our State and across this country. It did not matter where I went or…”

“Low prices are wrecking the agricultural economy in our State and across this country. It did not matter where I went or what the subject was. We had meetings on Social Security, we had meetings on other subjects through the August recess, but the focus shifted back to the same subject, and that is that low prices are strangling our agricultural producers in South Dakota. We do have an economic disaster in our State. When we look at where prices are today versus where they have been, the prices are at the lowest levels that we have seen, historically low levels both when it comes to grains and livestock. Fat cattle trading below $60 a head, or a hundredweight, and hogs trading down in the quarter range per pound. So we have got just a tremendous problem out there, and it has been complicated this year by a number of factors. And, frankly, I do not think anybody knows that there is a silver bullet that will be one solution that will solve this problem.”